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Miller Co. classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $15,800 in the first quarter,
Miller Co. classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $15,800 in the first quarter, and $4,700 increments are expected in the remaining quarters of 2017. Fixed expenses are expected to be $25,300 in each quarter. What is the total amount to be budgeted for selling and administrative expenses for quarter 2? $41,100 $20,500 $45,800 $36,400
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